• Why did U.S. hiring slow down in February?
• Is the trade war slowing down the U.S. economy?
• Why did oil prices plunge to a six-month low?
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IN THE HEADLINES
US Hiring Slows in February Amid Economic Uncertainty, ADP Data Shows
New ADP data revealed a significant slowdown in private sector hiring for February, with only 77,000 jobs added—far below economists' expectations of 140,000. This marked the largest month-over-month decline in private payroll growth since March 2023. Experts attribute the slowdown to policy uncertainty, declining consumer spending, and broader economic concerns. While some warning signs are emerging, analysts suggest the labor market remains relatively healthy. Read more
Fed’s Beige Book Warns of Rising Economic Uncertainty Amid Tariffs
The Federal Reserve's latest Beige Book report highlights growing uncertainty among business leaders as President Trump's escalating trade war and policy changes raise economic concerns. Many businesses expect to pass tariff-related cost increases onto consumers, with some firms already raising prices preemptively. Companies across various regions expressed anxiety over tariffs, inflation, and labor shortages due to immigration policies. Analysts warn that the economy appears fragile, with increasing risks of a downturn. Read more
Oil Drops to Six-Month Low as Trade War Fears Weigh on Demand
Oil prices plunged to their lowest levels in six months as fears over Trump’s trade wars raised concerns about weakening global demand. Brent crude fell 2.4% to just above $69, while WTI dropped 2.9% to near $66. Meanwhile, OPEC+ is set to increase production, and rising U.S. stockpiles are fueling concerns over a surplus. Analysts have downgraded price forecasts, with Brent potentially dropping to $60 per barrel. Read more
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The Fed's Beige Book
Fed's Beige Book is a report released eight times a year, summarizing economic conditions across the 12 Federal Reserve Districts. It compiles anecdotal data from business contacts to help the Federal Open Market Committee (FOMC) assess the economy and inform monetary policy decisions.
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